If $40.7 million in funding doesn’t grab your attention, a $20,000 job referral might.
ThoughtSpot, a Redwood City business offering on-the-fly analysis of business data, is the company offering this referral system and it is taking referrals from non-employees as well. The company chose to locate along the Peninsula since the top talent seems to be there and Redwood City is a good central location, said Marketing Manager Julia Moorhead.
“We’re recruiting top talent to build up the technology,” Moorhead said. “The best candidates have come through our own network, so crowdsourcing is the best way to get the best possible candidates. … When you’re recruiting for top talent, you need to think outside the box. We have one of the best teams in Silicon Valley.”
Headquartered at 805 Veterans Blvd., the company was founded in 2012. Although its product ThoughtSpot Data Search Appliance won’t launch until this fall, likely in September, the company has been garnering a lot of website traffic and there are some recognizable larger companies trialing the software, Moorhead said.
In terms of the product, it allows companies to visualize their data.
“Twenty years ago, newspapers and magazines were where you went to get information,” she said. “Now you can go on Google and Bing and get search results in a less than a second. The idea is if you can take business data and put a search box on top of it, so that any end-user can access and analyze that data, it would be lightning in a bottle if that could be delivered.”
The company is kind of in a class of its own, Moorhead said. There isn’t anyone else doing what they’re doing, and approaching the business intelligence problem in the same way, she said.
“You still have to ask someone to generate a report for you, what we offer is totally different from that,” she said. “We’re giving you the freedom to access your data — it’s a completely new way of thinking about business intelligence.”
The company is hoping to recruit even more star talent.
“If you want to be part of building something, and given the opportunity to do the best work of your career, the work you will be most proud of, we are providing the platform to make that happen,” CEO Ajeet Singh said in a prepared statement.
For more information go to thoughtspot.com.
(650) 344-5200 ext. 105